What is Momentum? In classical mechanics, momentum is the product of the mass and velocity of an object.
We hear about momentum in everything from sports to Forex and Gold trading - it all comes down to this simple phrase: something that has momentum is on the move, and is going to be difficult to stop. The 2004 Boston Red Sox did the improbable in coming back from being down 3 games to none, beating the Yankees to win the ALCS, and riding that momentum to a dominating four game sweep of the Cardinals in the World Series. In October of 1987, the downward momentum of the markets built up both mass and velocity - once it started, it was unstoppable. On the move...hard to stop.
In Forex and Gold, the markets are moving 24 hours a day. Markets have mass, and they have velocity - and when they move they build momentum. There's no way to make predictions, and we don't bother trying. What we do is recognize the patterns of momentum, and we get into trades at the turns. It doesn't matter if the market is trending up and going long or the bottom's dropping out - what matters is momentum.
The secret to recognizing the patterns of momentum in Forex is part education and part indication.
Trade The Turn's Forex trading software and methodology provides you with the best of both. At TTT you receive a virtual trading classroom and one-on-one training with a master Currencies trader, teaching you the keys of reading the trends. We also provide the best Forex trading software equipped with non-lagging algorithms working in real time. There's no such thing as a crystal ball - that's why we don't bother with making predictions. We add our proprietary indicators, developed and refined over the past ten years by our master trader, to what's actually happening right now in the Forex and Gold market
Reading momentum, jumping in with precision, and exiting with a plan. Whether you're reading about Forex for the first time, or you're a seasoned trader looking to perfect your skills, TTT has a map to your success.
“We are not financial advisors, CTA's, CPO's, an IB or an FCM. We also do not run a hedge fund and we do not trade any client funds. No information provided should be construed as being the primary basis for an investment decision or as reflecting recommendations taking into account your individualized requirements, and we disclaim any warranty or liability for actions you may take as a result of access to our software. The risk of trading commodity futures, options, foreign exchange ("FOREX") and equities is substantial.”
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